US aircraft materials company Jetpower creates 25 jobs at Shannon
Jetpower Aircraft Materials Limited, a top US aircraft materials company serving customers globally since 1998, yesterday announced it is to establish a European base at Shannon Free Zone Business Park in County Clare.
The company will not only expand consignment and service support for its large, Ireland-based leasing company customers, such as AerCap, from its Shannon facility but will also continue growing its European aircraft materials business. The aircraft material company has a diverse engine and airframe product base and global experience which enables them to provide their customer base with a quick and thorough response, using creative personalized solutions throughout the supply chain.
Shannon Commercial Properties, the property arm of Shannon Group plc, has assisted Jetpower to secure a 25,000 sq ft premises at Shannon Free Zone, West. The facility provides warehousing and storage for engine parts which will then be transported to Europe and globally via Shannon Airport. It is the latest addition to the aerospace cluster at the Shannon Free Zone, where 50 aviation companies employ over 2,500 people between them.
Minister for Trade, Employment, Business, EU Digital Single Market & Data Protection Pat Breen has welcomed the announcement by US Aircraft Materials company Jetpower Aircraft Materials Limited (Jetpower) that it is to establish a European base at the Shannon Free Zone Business Park.
“The announcement by US Aircraft Materials company Jetpower Aircraft Materials Limited (Jetpower) that it is to establish a European base at the Shannon Free Zone Business Park. is very positive news for the International Aviation Services Centre (IASC) in Shannon,” said Minister Breen.
“The Shannon aviation cluster spans the industry value chain, encompassing everything from aircraft leasing, maintenance, and recycling to component manufacture, parts repair and business aviation. Each addition to the cluster, including the welcome addition of Jetpower, further re-enforces Shannon as a centre of excellence in the aviation sector.”
“The announcement of 25 new jobs at the aircraft materials company’s new base in Shannon is also welcome news, adding to the 2,500 plus people employed in the 50 aviation companies in the aerospace cluster at the Shannon Free Zone,” he added.
Welcoming Jetpower to the 600-acre business park where almost 8000 people are employed in 160 companies, Ray O’Driscoll, Managing Director, Shannon Commercial Properties, said that aircraft materials companies remain a significant growth area in the aviation Industry. “We’re delighted to welcome a global company such as Jetpower as part of our growing aviation cluster at the International Aviation Services Centre (“IASC”). The company’s decision to locate here further confirms Shannon as a leading hub for the industry. Our flexibility is a big part of our success; in this case, Shannon Commercial Properties was able to offer Jetpower a property solution that matches their growth strategy,” he said.
Michele Viani, Head of Business Development for Jetpower commented: “We are very pleased to join Shannon’s aviation cluster. It is part of the Jetpower strategy to locate our operations in aviation hubs that match our customer locations and provide tremendous growth opportunities. Many of our leasing customers are located in Ireland and our new Shannon location amplifies the services and solutions that we can offer to them.”
Aaron Neff, Chief Executive Officer of the company commented: “It is a pleasure for us to be part of a cluster that we believe will contribute greatly to the global aviation environment. Aviation is a highly specialised industry sector, and while we are starting with four employees for 2017, we plan to build this to 25 employees by the end of 2019.”
Jetpower is an aircraft materials company that combines access to all major engine and airframe platform components with leading-edge solutions designed to greatly improve the efficiency and performance of their partner customers. Jetpower serves customers throughout Europe, Asia, the Middle East, Africa, Australia and North and South America through its locations in Chicago, Illinois, USA and Shannon, Ireland. http://www.jetpower.aero
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